House prices in Cavan 10% higher than this time last year

There are currently 19 properties to rent in the county on daft.ie

Housing prices nationally rose by an average of 3.7% during the first three months of 2025, according to the latest Daft.ie House Price Report released on Monday by Ireland’s largest property website, Daft.ie.

The typical listed price nationwide in the first quarter of the year was €346,048, 11.6% higher than a year previously and 35% higher than at the onset of the covid19 pandemic.

In Cavan, prices in the first three months of 2025 were 10% higher than a year previously, compared to a rise of 7% seen in the 12 months to March 2024. The average price of a home is now €229,000, 45% above the level seen at the start of the Covid19 pandemic.

Today, there are 19 properties in County Cavan listed for rent on daft.ie. These include a three-bed house in Bawnboy for €1,600pm; a three-bed property at Maple Court in Bailieboro, €1,200pm; a two-bed apartment at Kempton Court in Drumalee, €1,650pm; and a four-bed detached house at Bough, Cootehill for €1,750pm.

Meanwhile, the latest report highlights how the current rate of inflation in the market is the second-highest seen in the 10 years since mortgage market rules were introduced. This has been exceeded only by the spike in prices seen in early 2017, 11.7% year-on-year then, vs 11.6% year-on-year now.

The inflation is being driven by Dublin and the rest of Leinster. Inflation in the capital is now running at 12.2%, the highest rate in eight years, while in the rest of Leinster, the annual increase in prices is 13.4%, also the highest since early 2017. Galway (13.2%) and Limerick cities (13.8%) are also seeing rates of inflation above the national average, while the rate seen in Waterford (11.2%) and Cork cities (9.2%) is slower.

"This latest Daft.ie House Price Report shows that the surge in inflation is not yet over,” said Ronan Lyons, economist at Trinity College Dublin. “The ultimate solution remains unchanged from that which was needed a decade ago: a lot more homes need to be built, so that the country’s housing is adequate for its households.

“Housing prices are now increasing at a faster rate than almost any other time since mortgage market rules were introduced a decade ago. The increases are clearly linked to the lack of second-hand supply. Even as transactions of newly-built homes increase, the second-hand market is at its tightest in a series going back almost two decades.

“The entire housing system seems reliant on government funding and subsidies, an unfortunate circumstance at the best of times but of greater concern given wider economic uncertainties. Meanwhile, changes in the wider regulatory set-up seems to have delivered confusion, rather than clarity, about how the country will build the homes it needs."